All
Into the close and it’s a fading market. Then again, let’s call it a catlayst-less market as I did this morning instead. New geopolitical headlines could drive the markets up or down, perhaps, but I’m pretty sure the broader markets will be treading water until we start
All
No buys today, just focusing on shorts and getting my portfolio a little more hedged. Though I’m bullish overall, I do want to get some hedges on for the short side. And come on! Did you guys see AONE down another 8% again today? If you’ve got shorts
All
Foxconn is one of the biggest contract manufacturers in China and it’s running into some troubles finding profitability despite making gadgets for the Apples, Nokias and other big smartphone/tablet vendors of the world. But before you write off the app/tablet/smartphone revolution because of Foxconn’s bad
All
It’s a flattish open as we remain catalyst-less until we fully enter earnings season in the next couple weeks. Here’s a list of my longs and shorts so far: Longs- 1. Apple 2. Ciena 3. Celestica 4. Cisco 5. Cypress 6. DBA 7. Corning 8. Google 9. Microsoft
All
Social butterfly. Social security. Social drinking. Social smoker. Social sciences. Social distortion. Let’s talk social for a minute because it’s one of the key drivers in all things related to tech, media, and advertising. First off, let’s touch on this Wedbush report I got in my inbox
All
So far today, I have bought more Nuance, Cisco and Corning calls. These positions are getting closer, at least half as large as what I’d consider a full position for my personal account. In other words, if I were expecting to expose say, $100,000 total, to Cisco, I
All
I’ve bought a big chunk of Nuance so far and I don’t know whether I want it to start rallying just yet…I want to buy some more before it runs, if it runs. Here’s why Nuance is up 7% today: March 30, 2011 7:20 AM
All
I haven’t traded yet today, but remember I’ve been scaling into a short position in Lender Processing Services? Read this, from nakedcapitalism.com: Lender Processing Services has played a singularly destructive role in the mortgage servicing industry. The firm not only offered document fabrication services through DocX, a
All
Most of my stocks right now are at levels I’ve been buying at, but I’ve got a couple more names I want to add today, so stay tuned. We’re about to embark upon earnings season and it’s always a good idea to review our positions, so
All
Nice rally to close the day as the contra hour reversed yesterday’s ugly close and powered us steadily higher. I bought the DBA and that’s it today. One of my old mentors used to tease me about an answer I once gave on CNBC, when I answered Larry
All
I just bought some DBA, which is the symbol for the ETF otherwise known as Power Shares DB Agriculture Fund, an exchange-traded fund of food and agriculture related stocks. One of the core themes in my approach for the last few years o is a bet that the things we
All
Pretty steady betty open today as the market needs more of a catalyst than a meaningless S&P downgrade of some irrelevant country in Europe that speaks Portugese. One of the things we have to do as traders is deal with missed opportunities. I’ve been all over the
